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Culgaith, Penrith

North East

£500,000
Listed on 10/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This expansive property spans just under 3 acres and is located on the outskirts of the desirable village of Culgaith. Previously used for commercial purposes, the substantial detached building now holds residential consent, presenting a unique opportunity to transform it into a spacious and customized home. The generous size and flexible nature of the space invite a variety of renovation possibilities, making it ideal for those interested in creating a distinctive residence or pursuing alternative uses. Situated conveniently on the edge of Culgaith, the property benefits from excellent transport links to the A66, providing easy access to nearby towns. Langwathby is only 3 miles away, while Penrith is approximately 8 miles distant. Residents will appreciate proximity to essential amenities, including reputable secondary schools, supermarkets, shops, and recreational facilities. Additionally, the stunning landscapes of the Lake District National Park are just a short drive away, enhancing both lifestyle and investment appeal. Given its renovation potential and prime location, this property represents an exceptional investment opportunity for buyers looking to make their mark in a sought-after area. **Viewing strictly by appointment only.** **Services** - Electric central heating; mains water and electricity; septic tank drainage. **EPC & Council Tax** - EPC status to be provided; council tax information pending. **Disclaimer** - While these details are believed to be correct, they serve as a guideline only and do not constitute part of any contract. Interested parties should verify all information through inspection or other means. The operational status of services and systems has not been tested, and no guarantees regarding their efficiency can be provided. Floor plans are intended as illustrative guides to the property's layout and should not be considered definitive representations.

Investment Analysis

(CA10 area)
Area Average
£256/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CA10)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -3.5%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on CA10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Culgaith, Penrith
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE